Gold prices in India have surged sharply as economic uncertainties push investors toward the safety of precious metals.
The rates for 22K and 24K gold have reached record levels across major cities, driven by factors such as inflation concerns and global market trends.
Financial analysts suggest that the rising demand for gold could continue in the coming weeks, as investors seek safe-haven assets amid ongoing economic volatility.
This latest price movement has also impacted consumer buying behaviour, with many postponing purchases in anticipation of further fluctuations.
Experts recommend keeping an eye on the market trends and consulting financial advisors before making investment decisions in gold.
Gold prices recorded a strong rise on June 5 amid global uncertainties. Gold’s August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 98,456 per 10 gram today.
Let’s check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on June 5:
City | Price of 24k gold | Price of 22k gold |
Delhi | Rs 99,750/10g | Rs 91,450/10g |
Mumbai | Rs 99,600/10g | Rs 91,300/10g |
Chennai | Rs 99,600/10g | Rs 91,300/10g |
Kolkata | Rs 99,600/10g | Rs 91,300/10g |
Bengaluru | Rs 99,600/10g | Rs 91,300/10g |
Jaipur | Rs 99,750/10g | Rs 91,450/10g |
Lucknow | Rs 99,750/10g | Rs 91,450/10g |
Hyderabad | Rs 99,600/10g | Rs 91,300/10g |
Bhubaneswar | Rs 99,600/10g | Rs 91,300/10g |